Impinj gains after Q1 results beat

ReutersApr 24, 2025 4:42 PM

Shares of semiconductor company Impinj PI.O jump 18.2% to $91.02 in afternoon trading after co's Q1 results beat estimates

Stock on track for fifth consecutive session of gains, its longest winning streak since November

Co's Q1 adj. EPS of 21 cents surpasses Wall Street estimates of 8 cents - data compiled by LSEG

Q1 revenue of $74.28 mln above analysts' expectations of $71.73 mln

All eight analysts covering stock rate it "buy" or higher, median PT is $130 - LSEG

With session's moves, PI down about 37% YTD

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